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Dec 26, 2012
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the regulations that the obama people spent four years writing. they have decided not to share them with us before the president got reelected. once his job was secure, he no longer had to care or pretend to care about your job. so now you have hundreds of billions of dollars of new regulations. maybe even more expensive than spending. gerri: i have to ask you this question. people talk to me about this all the time in new york city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. now, obama comes in and wants to spend more and raise taxes. republicans are saying no
the regulations that the obama people spent four years writing. they have decided not to share them with us before the president got reelected. once his job was secure, he no longer had to care or pretend to care about your job. so now you have hundreds of billions of dollars of new regulations. maybe even more expensive than spending. gerri: i have to ask you this question. people talk to me about this all the time in new york city. they say higher taxes are grover norquist fault. he has not...
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Dec 22, 2012
12/12
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president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, ng some careless, maybe reached the fiscal cliff deal. how speaker ohn boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays, and congress is out for the holidays. the president saying that putting pressure began on repub
president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, ng some careless, maybe reached the fiscal cliff deal. how speaker ohn boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say...
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Dec 23, 2012
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. >> and president obama ♪ dream ♪ >> hat's what i say. >> and bipartisan to blame for this, the rate. i want to thank charlie and gerri, and naughty and nice, our gang has the the stocks that they say are just the right price. ♪ gonna find out who is naughty and nice, santa claus is coming to town ♪ >> and they come out with a jordan . now lebron's turn. and it is a competive industry . they're risky. with a fan guard depresion and they have a picker of vig. dividends are the way to go do not get wrapped up with worring with taxes. investors need to be safe. >> tax thing doesn't distu you. >> it disturbs me
. >> and president obama ♪ dream ♪ >> hat's what i say. >> and bipartisan to blame for this, the rate. i want to thank charlie and gerri, and naughty and nice, our gang has the the stocks that they say are just the right price. ♪ gonna find out who is naughty and nice, santa claus is coming to town ♪ >> and they come out with a jordan . now lebron's turn. and it is a competive industry . they're risky. with a fan guard depresion and they have a picker of vig....
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Dec 23, 2012
12/12
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. >> and president obama ♪ dream ♪ >> that's what i say. >> and bipartisan to blame for this, the rate. i want to thank charlie and gerri, and naughty and nice, our gang has the the stocks that they say are just the right price. ♪ gonna find out who is naughty and nice, santa claus naughty and nice, santa claus is coming to town ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision
. >> and president obama ♪ dream ♪ >> that's what i say. >> and bipartisan to blame for this, the rate. i want to thank charlie and gerri, and naughty and nice, our gang has the the stocks that they say are just the right price. ♪ gonna find out who is naughty and nice, santa claus naughty and nice, santa claus is coming to town ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema....
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Dec 22, 2012
12/12
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ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. gerri: hello, everybody. i am gerri willis. ten days until we got the fiscal cliff. president obama speakingmoments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the pone t
ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. gerri: hello, everybody. i am gerri willis. ten days until we got the fiscal cliff. president obama speakingmoments ago, saying that maybe...
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Dec 22, 2012
12/12
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the real problem is the guy who was visiting a obama in the white housjust a fewutes ago. mr. harry reid. the senate has not passed a buet more than three years. the senate has not passed anything on the fiscal cli greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obaa, because the democrats in the senate are doing bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote last night would increase taxes. now, i disagree with that characterization. but that impression is out there. the number of our members w just really didn't want tobe perceived as havinto raise taxes. that was the real issue. gerri: in some ways he was talking about grov norquist. the man it is about this tax pledge where is the common ground there? >> the reason that we have a plan be now is because the houses are devoted to pass all of the bill. gerri: b how do you find common ground there? them and t
the real problem is the guy who was visiting a obama in the white housjust a fewutes ago. mr. harry reid. the senate has not passed a buet more than three years. the senate has not passed anything on the fiscal cli greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obaa, because the democrats in the senate are doing bidding, that is where the real...
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Dec 25, 2012
12/12
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gerri: did president obama brthe gerri: did president obama breaks the law? federal appeals court p isela deciding who th the presidents appointed to national labor board when the president was on recess was unlawful. because senate republicans say o the senate was in session. the case brought on by a company after the nlrb ruled that the company must enter into collective bargaining agreement on c a labor union. the companies arguing the decision can't be made because the recessca appointments are invalid.igh here to weigh in, legal analyst and, criminal defense attorney. i want to go to you first. at the end of the day this whole thing is just an argument about> was the senate in session or was it not? >> the president may have skirted the law little bit like sidelining it, but did they cross over theine? no. does this happen all the time?li yes. itss does. t >>he the skirted the law like im wearing a skirt. gerri: that would be known. >> let's take a step back and design for this was to do. the founding fathers said look, if you have to make a temporaryr a
gerri: did president obama brthe gerri: did president obama breaks the law? federal appeals court p isela deciding who th the presidents appointed to national labor board when the president was on recess was unlawful. because senate republicans say o the senate was in session. the case brought on by a company after the nlrb ruled that the company must enter into collective bargaining agreement on c a labor union. the companies arguing the decision can't be made because the recessca appointments...
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Dec 28, 2012
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perhaps a scaled down deal from president obama? >> yeah. i believe we need a big deal, but the more likely possibility, at this point, is it's really focused on a tax deal where they come up with some number between what speaker boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both houses. adam: the numbers were something like the president at one point was willing to raise his baht -- bottom line to 400,000. if that's the deal, can you guys, can the men and women in our political leadership pass something before midnight, december 31? >> well, i think so. i mean, and you're going exactly the right direction. if you take what's been put on the table, you got the senate bill, you got the house bill, and you got what president obama and speaker boehner talked about, somewhere in the middle, i think, is a deal we could pass before year e
perhaps a scaled down deal from president obama? >> yeah. i believe we need a big deal, but the more likely possibility, at this point, is it's really focused on a tax deal where they come up with some number between what speaker boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both...
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Dec 25, 2012
12/12
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the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilit
the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2...
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Dec 27, 2012
12/12
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tracy: president obama and the senate back in office, senator harry reid is the latest to say it looks like we are headed to tumble over the cliff. let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol hill and that has been denied by an aide to the senate majority leader, harry reid taking to the senate floor saying he thinks it looks like we are headed over the fiscal cliff and he hang that on the house. >> if we go over the cliff and it looks like that is where we are headed the house of representatives, with four days left after the first of the year, are not here with the speaker having told them give them 48 hours notice. i can imagine their consciences, out wherever they are around the country and we are here trying to get something done. >> response from the speaker's office saying senator har
tracy: president obama and the senate back in office, senator harry reid is the latest to say it looks like we are headed to tumble over the cliff. let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol...
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Dec 28, 2012
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if the obama administration came out all guns blazing. is that why do you think there will be a war against cracking? >> when they set their own definition of what smart regulation is, yes, they will set smart regulation at a level that makes it virtually impossible. that is what has happened in the coal mines in west virginia and kentucky, where new permits have come to a screeching halt for four years. what would happen with tracking is that when the states lose control to the federal government they throw their hands. then you are waiting for a federal regulator in washington dc or some regional office to decide on the geology that is peculiar to a particular state. that is why the state should have the final say over cracking. gerri: i think that tracking has really led to an energy rest of renaissance in this country. that is exactly where we wanted to go, and now, it is really entering the public lexicon. matt damon is out with a movie on fracking, he was on letterman last night about that movie out today. >> you know, it's tough wh
if the obama administration came out all guns blazing. is that why do you think there will be a war against cracking? >> when they set their own definition of what smart regulation is, yes, they will set smart regulation at a level that makes it virtually impossible. that is what has happened in the coal mines in west virginia and kentucky, where new permits have come to a screeching halt for four years. what would happen with tracking is that when the states lose control to the federal...
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Dec 26, 2012
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president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some movers. michael cores down over 6%. tracy: i was in the balls this weekend. lori: crowded theater not like i thought it would be. adam shapiro in the newsroom with the details. i thought it was way busier last year than it was this weekend. >> no. here are some numbers. for the period of october to eight and december 24, sales grew. in 2011, sales for that period of tim
president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow...
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Dec 22, 2012
12/12
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president obama is calling on congress to craft at least a minimal deal and confident both sides will come to an agreement. this week, republicans rejected an alternative tax plan by speaker john boehner, that would have prevented taxes from rising on income under one million a year. well, there's a new law getting ugly for the good looking. iowa supreme court bosses can legally fire anybody they see as an irresisttable atraction, he fired her because he felt she was attraction to his fidelity to his wife. >> neil: get ready for new fees to fly in the new year. from southwest airlines. you miss a flight and don't cancel your discount ticket, you're going to pay up. overweight bags get ready to lighten up your wallet more. if you're overweight get ready to be killed. just-- (laughter) southwest says it needs the money. what about letting us keep them. >> it's so ridiculous and makes me so-- the airlines fees are like tattoos, never ever go away they just go up, up, up, up. >> neil: that depends where the tattoos are. i do. >> and american airlines is-- >> sorry. >> that was really. >>
president obama is calling on congress to craft at least a minimal deal and confident both sides will come to an agreement. this week, republicans rejected an alternative tax plan by speaker john boehner, that would have prevented taxes from rising on income under one million a year. well, there's a new law getting ugly for the good looking. iowa supreme court bosses can legally fire anybody they see as an irresisttable atraction, he fired her because he felt she was attraction to his fidelity...
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Dec 27, 2012
12/12
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all right, you're looking live at honolulu where president obama will be president obama will be deadlock. but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation? let's talk about it a little bit. >> the president is heading back to washington to attempt a last-ditch effort with speaker boehner to forge some compromise to avert a fiscal cliff which will kick in in six days if nothing isone done. those are the headlines are we talking about is cutting his vacation short in tha and that l well and good. is there anything that can be done because they really seem to be at an impasse before christmms, the republicans in the houseors, imploded and a ve, very tight spot and i suspect if there is to be a deal it'll be a pretty on powering one for all involved. eric: jo
all right, you're looking live at honolulu where president obama will be president obama will be deadlock. but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation?...
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Dec 25, 2012
12/12
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obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they are just playing games. right along with the folks in washington. this president is guilty of class warfare. for what? are you kidding me?ma. president obama seems to love rt the drama. i thought he didn't like drama. the reality is that there will be so little impact on our fiscal future. the after all of the drama and whateeer the outcome, we remaih in great jeopardy. because this isn't a fiscals. future. this is not something that any of us want. don't you love it? a lame-duck session of congress. they areon the ones wh
obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is....
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Dec 28, 2012
12/12
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and the obama administration. three years ago hillary clinton presented the russian foreign minister with a reset button. how did that relationship work out? who could forget president obama, he would have more flexibility in the second term. what a disaster. liz: latest in a long string of a fronts. door and the being treated as political poker chip and that is an outrage. most children have a better home -- russia has been thumbing its nose at the united states ever since president obama said i want to essentially reset russian relations. is naive to think you can deal with russia in this way, being accommodating on ballistic missiles and the u.s. agency for international development kicked out by russia. there was another way russia stuck its finger in it side. >> where do you want to live? want to live in russia where poverty rates are soaring according to forbes magazine or do you want to live in the u.s. where you have opportunity, where the economy can expand and obama opportunities for people who live here
and the obama administration. three years ago hillary clinton presented the russian foreign minister with a reset button. how did that relationship work out? who could forget president obama, he would have more flexibility in the second term. what a disaster. liz: latest in a long string of a fronts. door and the being treated as political poker chip and that is an outrage. most children have a better home -- russia has been thumbing its nose at the united states ever since president obama said...
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Dec 28, 2012
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president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration official, that president obama offered what he detailed in the speech a week ago keeping tax rates where they are for families earning less than $250,000 a year, extending long term unemployment insurance policy, and that bit of detail he gave a week ago in a speech is basically derived from the larger deficit proposal offered over, really, the last couple years as president of the united states. we're waiting whether or not in the meeting, lasting an hour at the white house, started at 3:10, is whether or not they made progress towards changing that proposal in a
president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration...
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Dec 24, 2012
12/12
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long-term, it will hurt the democrats and president obama. dennis: i thought all along that the republicans would look horrible. now, i'm wondering if it is switching the other way. a family earning only $20,000 a year will see that their tax refund gets cut in half if we go off the cliff. >> i think you are right. especially since we have not had the follow-through, dennis. what is the reason for all of this? where are we heading? the president, nor the republicans have answered that question. dennis: thank you for being with us. dagen: chicago mayor is renewing a plan to privatize the cities i second biggest airport. jeff: this was the world's busiest airport from 1948 to 1961. now it is just three big airlines that call this home. southwest, frontier and delta. it is still a huge cash generator for the city. he famously had a deal to privatize the city's parking meters and the problem is, they took all the money they had and spent it already. mayor manuel is under some scrutiny. as i said, both are choosing to do so. the problem is, if you
long-term, it will hurt the democrats and president obama. dennis: i thought all along that the republicans would look horrible. now, i'm wondering if it is switching the other way. a family earning only $20,000 a year will see that their tax refund gets cut in half if we go off the cliff. >> i think you are right. especially since we have not had the follow-through, dennis. what is the reason for all of this? where are we heading? the president, nor the republicans have answered that...
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Dec 27, 2012
12/12
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writing into their hope barack obama gets all the taxes he wants. i'll bthe first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. we love hearing from you. >>> a massive winter storm wreaks havoc bringing blinding snow and devastang tornadoes. at least six are dead, over a thousand flights canceled nationwide stranding holiday travelers and worries things could get worse. welcome, i'm eric bolling in for neil cavuto and this is your world and we're tracking a deadly winter storm as it makes its way towards the east coast. in indiana, heavy snow stranding dozens of vehicles asolkseal with blizzard. a foot in bloming to know. across the south and southst 34 twisters leveled homes. in mississippi for than 25 people injured and 70 homes damaged. that number expected to rise. the storm
writing into their hope barack obama gets all the taxes he wants. i'll bthe first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. we love hearing from you. >>> a massive winter storm wreaks havoc bringing blinding...
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Dec 22, 2012
12/12
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i need to send a obama a commission check because he has been the best salesman for me. [laughter] once he got elected people said, well, we're thrown in the towel. that's it. the country will slide down here. we're going to go broke and, you know, all bets are off. so heas been, i mean that was literally, i'm dead serious, that was the catalyst made my sales go one a month to one a week, seems like one a day for about tw weeks. but typically i do about a shelter a week. neil: you're onto something. they look very cool. they look, very, very cool. >> my website, atlas survival shelters, and they're, i have 14 models, ranging anywhere from 35,000 up to 85,000. to me they're just like a backyard bunker. the listen, if nothing else, put the mother-in-law in the shelter. let her live there. neil: very cooo. we wish you well. let's get through these next few hours. meantime, thank you very very mmch. >> appreciate being on your show. thank you. neil: back to your movie and your beer. maybe, maybe the mayans were right. they just got it wrong? it wasn't the world tt was ending
i need to send a obama a commission check because he has been the best salesman for me. [laughter] once he got elected people said, well, we're thrown in the towel. that's it. the country will slide down here. we're going to go broke and, you know, all bets are off. so heas been, i mean that was literally, i'm dead serious, that was the catalyst made my sales go one a month to one a week, seems like one a day for about tw weeks. but typically i do about a shelter a week. neil: you're onto...
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Dec 24, 2012
12/12
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speaking of the fiscal cliff, talks on hold until after christmas and president obama and house speaker john boehner have not spoken since friday. lori: is there any hope for a deal? are you the last man there? >> a staff is here. the staff is in this but all eyes are on the senate when it returns this thursday to try and get a deal to avoid getting off a cliff the past friday before the president left for the holiday, he proposed a limited measure to avoid all of the cliff when speaker john boehner plan b. got scuttled. the president wants to extend the bush tax cuts and avoid some of the deep spending cuts. white house spokesperson says discussions continue between the administration and capitol hill. in july you may recall senate democrats passed an extension of the middle-class tax codes for the year. those folks making less than $250,000 per year at a cost of 157 billion. also passing the alternative minimum tax for $92 billion. mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report
speaking of the fiscal cliff, talks on hold until after christmas and president obama and house speaker john boehner have not spoken since friday. lori: is there any hope for a deal? are you the last man there? >> a staff is here. the staff is in this but all eyes are on the senate when it returns this thursday to try and get a deal to avoid getting off a cliff the past friday before the president left for the holiday, he proposed a limited measure to avoid all of the cliff when speaker...
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Dec 27, 2012
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obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very rigid man and a very rigid group of guys over at the house be willing to behave like adults and compromise? so far we haven't seen any vacation adult behavior from either group. gerri: what you said about how you took some sort of confidence the house was coming back also encourage the stock market today. maybe they might get something. appreciate your time, have a great new years. gerri: take care. >> thank you. gerri: when we come back, how does he jump the fiscal cliff talks? and some new years resolutions on congress. we will be right back. excuse m
obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very...
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Dec 22, 2012
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this is basically sort of the bare bones of president obama's wish-list. i think he would like to do other things in sort of an ideal world, including more spending but this is so of the basic package that the president will push republicans to accept. be very interesting to see hoohn boehner responds to this, whether he frees up some house republicans. they would need 26 if the president had all house democrats voting in favor of this package he is now pushing. they need 26 house republicans to go with those democrats in order to pass this. if john boehner frees up the republicans in his conference, allows them to vote with the president, very interesting political dynamics i think downhe road. melissa: yeah. kim perly, did you feel taxes of all your clients go up during that speech there? >> yeah. i felt that go up and my blood pressure go up at the same time. the realty is, you have to plan for both a and b. if we get a deal and it helps that's great. if it is not and taxes go up, then i have plan b set in order for my clients and investors t there. i m
this is basically sort of the bare bones of president obama's wish-list. i think he would like to do other things in sort of an ideal world, including more spending but this is so of the basic package that the president will push republicans to accept. be very interesting to see hoohn boehner responds to this, whether he frees up some house republicans. they would need 26 if the president had all house democrats voting in favor of this package he is now pushing. they need 26 house republicans...
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Dec 30, 2012
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president obama says 250,000, maybe i think 350,000 is the line. maybe someone else, 500,000, maybe someone else, 150. we can meet somewhere. >> that threshold is a big issue, how high do you extend the tax cuts. tom harkin says they offered keeping it 460,000 for couples. >>> we have watched the timetable kind of slide forward and backward today. a 1:00 deadline, three 3:00, then 6:30 and then 4:00. are you hearing anything about a timeline tonight? >> hearing the senate majority leader talking about tomorrow's schedule, coming back at 11:00 a.m., that seems to be punting into tomorrow and certainly things can move quickly when there's a deal but the question is, will there be a deal. >> mike emanuel, we'll bring you back as news warrants. >>> we want to go to the white house where president obama is keeping a eye on capitol hill. the president making his case and pressing lawmakers to reach a deal. when asked about the fiscal cliff in an interview today. ed henry is live from the white house. the president seemed to be aggressively pushing his me
president obama says 250,000, maybe i think 350,000 is the line. maybe someone else, 500,000, maybe someone else, 150. we can meet somewhere. >> that threshold is a big issue, how high do you extend the tax cuts. tom harkin says they offered keeping it 460,000 for couples. >>> we have watched the timetable kind of slide forward and backward today. a 1:00 deadline, three 3:00, then 6:30 and then 4:00. are you hearing anything about a timeline tonight? >> hearing the senate...
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Dec 22, 2012
12/12
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obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach copromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that gorning is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there ae only ten days remaining to the fiscal cliff. president obamaeaded to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me hat his numbers, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could
obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach copromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that gorning is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100...
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Dec 27, 2012
12/12
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t the last minute panic begin of the president obama is set to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave invest
t the last minute panic begin of the president obama is set to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a...
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Dec 23, 2012
12/12
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negotiations betwe president obama andohn boehner. what became of f all the stocks? -- all thsoe talks? capitohill setback in spite of better than expected grth nunumbers. we have all that and more with our roundtable coming up. first, two big industries during the holiday season -- food and cabs. hans hess is the ner and founder of a burger chain t that started in washington but now has gone global. thank you for joining us. where do we start? elevation burger was the originalaby. let'start there. you grew up in california an you got a degree in physics and then a master's degreen theology. you and i i were talking before the show started. you he worked d just about everherere. whatat got youou to elevation burger? i i worked on the hill for about a year in 199and wrotote a paper abobout how microbes are killing people. when i had the idea for elevation burgerin 2002, i said we have to do inorganic burger with no compromise. >> expensive by many standards. you have managed to make a cost effective. >> that was a concern of course but we did find ways to do it affoab
negotiations betwe president obama andohn boehner. what became of f all the stocks? -- all thsoe talks? capitohill setback in spite of better than expected grth nunumbers. we have all that and more with our roundtable coming up. first, two big industries during the holiday season -- food and cabs. hans hess is the ner and founder of a burger chain t that started in washington but now has gone global. thank you for joining us. where do we start? elevation burger was the originalaby. let'start...
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Dec 26, 2012
12/12
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first our top story, president obama, cutting his vacation short, flying back to washington, d.c. tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn financial and james freeman, assistant editor of "the wall street journal"'s editorial page. james, i will start with you. does the treasury department's statement literally within the last hour we'll hit the debt ceiling deadline on monday, does that add any kind of motivation they need to get their act together in washington? >> i don't know. i think it might just add a little skepticism. you remember when we went through this at 2011. they had various dates, finally months into it in august they
first our top story, president obama, cutting his vacation short, flying back to washington, d.c. tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and...
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Dec 24, 2012
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president obama can't raise enough money through his tax plans to cover all the spending. that means he could resume other ways for the revenue to come in. will a carbon tax be among them? joining us now from the american action forum, sam, we know the president wants this thing. he tried desperately, even with democrats holding both houses of congress, however, he couldn't get it. will he try to pursue it in his first year of the second term? >> well, there's certainly a lot of revenue out there. a lot of projections are, if carbon is at $20 per ton of carbon, it could generate roughly a trillion dollars over the next ten years, of course, that figure of $20 would increase, but i think it's pretty tough for republicans to swallow another trillion dollars in revenue from a carbon tax, so i don't think it's very likely to get 60 votes in the senate or for speaker boehner from ohio which is a big coal producing area, which would be hit the hardest by a carbon tax, i don't think it's likely he would bring that up for a vote. david: here is another scenario though. the preside
president obama can't raise enough money through his tax plans to cover all the spending. that means he could resume other ways for the revenue to come in. will a carbon tax be among them? joining us now from the american action forum, sam, we know the president wants this thing. he tried desperately, even with democrats holding both houses of congress, however, he couldn't get it. will he try to pursue it in his first year of the second term? >> well, there's certainly a lot of revenue...
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Dec 28, 2012
12/12
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but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it definitely feels that way. everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you anticipate for the friday trade? > > i certainly think that we will see more lower prices in the market
but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it...
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Dec 27, 2012
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barack obama ran also on that. he said he would restore fiscal responsibility and do something about the spending. this is a guy who was giving us trillion dollar deficits, both sides are being decided, and start talking about this. stuart: what is the media doing? >> typically cobbling barack obama. this guy is filing his nails while the republicans twist themselves into knots. the media are giving obama a complete pass on this one and not holding his feet to the fire on anything and keeping the gun fire on the republicans at all times. the media have been just about as silent as anyone else. all the media accept for stuart varney. stuart: flattery is the fondest milk in television. i have a prediction from you. i personally think there will be some kind of awful last-minute deal, tax the rich, don't cut spending, ignore the debt. i think that will happen. what is your prediction? >> i will put my kids and your prediction. republicans will take another step, go back another five to ten yards on the football field
barack obama ran also on that. he said he would restore fiscal responsibility and do something about the spending. this is a guy who was giving us trillion dollar deficits, both sides are being decided, and start talking about this. stuart: what is the media doing? >> typically cobbling barack obama. this guy is filing his nails while the republicans twist themselves into knots. the media are giving obama a complete pass on this one and not holding his feet to the fire on anything and...